Closing Market Report 7/24/2014

The KUIK Closing Market Report for Thursday, July 24:
Markets finished mixed.
Direction Change Units  Last Time Change
Dow Down                      (3) points           17,084 1:21 PM
S&P500 Up 0.1% percent             1,988        0.97
Nasdaq Composite Down 0.0% percent             4,472       (1.59)
30 Year Treasury Up                       4 Basis Points               3.30 Annual Yield
The iShares U.S. Home Construction exchange traded fund fell  3.4% to a two-month low and had the biggest one-day percentage decline since June 2013. Share of D.R. Horton, it’s biggest component, fell 11% on five times the normal daily volume. The company reported earnings well below analysts expectations.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/homebuilder-shares-dive-on-disappointing-results-data-2014-07-24
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